Basic information / requirements:
Producers providing services to foreign films.
40% tax rebate from production expenses in the Canary Islands.
Minimum Canary expenditure: EUR 1 million (see Annex 1: list of qualifying expenses).
Maximum deduction will be EUR 4.5 million.
Local production or service production companies must be tax resident in the Canary Islands.
Qualifying expenditure in the Canary Islands directly related to the production:
Creative crew with residence in the EEC 100,000€ / person (i.e. directors, screen writer, musical composer, actors and creative technical staff).
Expenditure on technical industries and other suppliers.